The Herington Neighborhood Revitalization Plan is an Interlocal Cooperation Agreement by and between the City of Herington, Dickinson County, and USD#487 of Dickinson County established September 18, 2012 for a tax rebate incentive program.

BUILDING OR REMODELING????

If you are building a new structure or making significant improvements to RESIDENTIAL, COMMERCIAL, OR INDUSTRIAL property in Herington, your project may be eligible for this tax rebate program.

WHAT TYPE OF IMPROVEMENT PROJECTS ARE ALLOWED?

New construction, room additions, and major rehabilitation projects that require a building permit and increase the appraised value are allowed projects. Repairs generally will not increase the appraised value, unless there are several major repairs completed at the same time. To qualify, improvements must increase the value by at least 15% or $5,000, whichever is the greater amount.

ELIGIBILITY GUIDELINES...

The following criteria will be used to determine properties eligible under the Neighborhood Revitalization Plan.

All improvements must conform to zoning, building and other applicable regulations in effect in the Neighborhood Revitalization Plan target area at the time other improvements are made and remain in conformance with such regulations for the length of the rebate period;

Construction of improvements must have begun on or after the date of inclusion of the property in the NRP target area;

Improvements must increase the appraised value by at least 15% or $5,000, whichever is greater, for all Residential, Commercial and Industrial properties;

Properties delinquent in tax payments or special assessments or under appeal or protest are not eligible until such delinquent payments or assessments have been paid;

Properties eligible for tax incentives under any other program shall be eligible to submit applications under only one program at a time;

Only owners are eligible for tax rebates;

Tax rebates transfer with ownership of property and remain with the improved property, as per the original abatement schedule;

Tax rebates are based on the increase of appraised value as of January 1st following the year of 100% completion and will be contingent with final inspections and issuance of certificate of occupancy.

BEFORE YOU BEGIN...

Prior to Construction you MUST obtain a building permit and make application for the Neighborhood Revitalization Program with the City of Herington.

You will be notified by the City of Herington that you are approved for the project to begin construction.